Spence Street - PE23 5EA
Key Street Insights
Spence Street is a residential street with 23 addresses.
It ranks as the 369th largest and 67th most expensive of the 506 streets in the PE23 area. The most common property type is a modern house built after 1980.
The street contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £169,290
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £858pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £224/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Street Insights
Spence Street is a residential street with 23 addresses.
It ranks as the 369th largest and 67th most expensive of the 506 streets in the PE23 area. The most common property type is a modern house built after 1980.
The street contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £169,290
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £858pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £224/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertieson Spence Street, Spilsby, PE23
- West House
5 Bed Period House
- 2 Spence Street
2 Bed Modern House
- 4 Spence Street
2 Bed Modern House
- 5 Spence Street
3 Bed Period House
- 6 Spence Street
2 Bed Modern House
Sales Market Trends
The last sale on Spence Street sold for £136,500 on 31st March 2026. Since then prices are up an average of 2.1%.
The current average value in the street is £169,290.
The Spence Street Sales Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £169,290 |
| June 2025 | -2.4% | £171,674 |
| June 2024 | -1.2% | £175,808 |
| June 2023 | 0.7% | £177,924 |
| June 2022 | 14.6% | £176,650 |
| June 2021 | 8.6% | £154,189 |
| June 2020 | 0.4% | £142,017 |
| June 2019 | 2.9% | £141,460 |
| June 2018 | 2.8% | £137,498 |
| June 2017 | 6% | £133,757 |
| June 2016 | 6.3% | £126,187 |
| June 2015 | 2.6% | £118,678 |
| June 2014 | 3.1% | £115,703 |
| June 2013 | 2.5% | £112,196 |
| June 2012 | 0.1% | £109,509 |
| June 2011 | -0.3% | £109,392 |
| June 2010 | 0.2% | £109,690 |
| June 2009 | -9.3% | £109,442 |
| June 2008 | -1.9% | £120,682 |
| June 2007 | 0% | £123,033 |
Rental Market Trends
The current average rental value in the street is £858.
The Spence Street Rental Market has increased by 52.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £858pcm |
| June 2025 | 5.8% | £821pcm |
| June 2024 | 5.1% | £775pcm |
| June 2023 | 7.4% | £738pcm |
| June 2022 | 7.3% | £687pcm |
| June 2021 | 6.6% | £640pcm |
| June 2020 | 3% | £600pcm |
| June 2019 | 0.5% | £583pcm |
| June 2018 | 1.2% | £580pcm |
| June 2017 | 1.6% | £573pcm |
| June 2016 | 3.2% | £564pcm |
| June 2015 | 3.3% | £546pcm |
| June 2014 | 2.9% | £529pcm |
| June 2013 | 2.2% | £514pcm |
| June 2012 | 0.5% | £503pcm |
| June 2011 | 1.2% | £501pcm |
| June 2010 | 4.5% | £495pcm |
| June 2009 | -4.9% | £474pcm |
| June 2008 | 1.5% | £498pcm |
| June 2007 | 0% | £491pcm |
Sales History
The last sale was on 31st March 2026 for £136,500 and since then the market in the area has increased by 2.1%. The street has had a total of 25 sales since 1995.
Spence Street, Spilsby, PE23 has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Mar 2026£136,500 | 2 Bed House14, Spence Street, Spilsby, PE23 5EA14, Spence Street, Spilsby, PE23 5EA
- Sold Nov 2025£142,000 | 2 Bed House6, Spence Street, Spilsby, PE23 5EA6, Spence Street, Spilsby, PE23 5EA
- Sold Mar 2023£75,000 | 2 Bed House4, Spence Street, Spilsby, PE23 5EA4, Spence Street, Spilsby, PE23 5EA
- Sold May 2017£102,500 | 2 Bed House10, Spence Street, Spilsby, PE23 5EA10, Spence Street, Spilsby, PE23 5EA
- Sold Feb 2017£94,700 | 2 Bed House2, Spence Street, Spilsby, PE23 5EA2, Spence Street, Spilsby, PE23 5EA
Top 3 Most Expensive Sales
- Sold May 2016£380,000 | 5 Bed HouseWest House, Spence Street, Spilsby, PE23 5EAWest House, Spence Street, Spilsby, PE23 5EA
- Sold Jul 2007£345,000 | 5 Bed HouseWest House, Spence Street, Spilsby, PE23 5EAWest House, Spence Street, Spilsby, PE23 5EA
- Sold Nov 2025£142,000 | 2 Bed House6, Spence Street, Spilsby, PE23 5EA6, Spence Street, Spilsby, PE23 5EA
Nearby Streets
Spence Street, Spilsby, PE23 is the 369th largest and the 67th most expensive street in the PE23 area.
- Pooles Lane, Spilsby, PE2326 Addresses|53 m away
- West End, Spilsby, PE2333 Addresses|59 m away
- Church Street, Candlesby, Spilsby, PE2333 Addresses|72 m away
- Woodlands Avenue, Spilsby, PE2383 Addresses|123 m away
- West End Crescent, Spilsby, PE2316 Addresses|131 m away
- Cornhill, Spilsby, PE239 Addresses|148 m away
Property Types
- 10 period houses built between 1800 and 1911
- 12 modern houses built after 1980
- 1 other address of unknown type
- period house (10)
- modern house (12)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (20)
- G (0)
- D (1)
- No EPC (1)
Schools Nearby
- Spilsby Primary School200 m away
- Halton Holegate CofE Primary School2.1 km away
- Partney Church of England Aided Primary School2.5 km away
- King Edward VI Academy200 m away
- Queen Elizabeth's Grammar Alford - A Selective Academy10.7 km away
- William Lovell Church of England Academy11.1 km away
More reading links
Public Transport Nearby
The closest station to Spence Street, Spilsby, PE23 - PE23 5EA is Thorpe Culvert station, which is 9.1 kilometres away.
- Thorpe Culvert|9.1 km away
- Wainfleet|12.2 km away
- Havenhouse|13.7 km away
